2015 ISK to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 ISK to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the ISK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 10.1932. Conversely, the yearly low was recorded on March 15, dropping to 7.3979.
This high-to-low spread represents a total annual volatility of 2.7953 MMK. From a start-to-finish perspective, comparing the January average rate of 7.8312 to the December average rate of 10.0158, the exchange rate registered a net change of 27.90% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 10.1932 was up 16.87% compared to the 2014 peak of 8.7218, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
ISK to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 7.9357, compared to 8.9002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9645 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was October, with a trading range of 1.5720 MMK (High: 9.9814 / Low: 8.4094). On the other end, February was the most stable month, with a tight range of 0.1214 MMK (High: 7.8482 / Low: 7.7268).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1991 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2015: 10.0158) against the same month in 2014 (average: 8.2278), the exchange rate shifted by +1.7880 (+21.73%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.0958 | 7.5913 | 7.8312 |
| February | 7.8482 | 7.7268 | 7.8016 |
| March | 7.8198 | 7.3979 | 7.6025 |
| April | 8.2074 | 7.4884 | 7.8280 |
| May | 8.3383 | 8.0657 | 8.2204 |
| June | 8.4042 | 8.0932 | 8.3306 |
| July | 8.4222 | 7.9549 | 8.1824 |
| August | 8.4537 | 8.0209 | 8.1997 |
| September | 8.5415 | 8.3432 | 8.4435 |
| October | 9.9814 | 8.4094 | 8.7442 |
| November | 9.9487 | 9.7439 | 9.8156 |
| December | 10.1932 | 9.6730 | 10.0158 |